3519.04
Estimate of annual expenditure of public funds proposed and annual yield of proposed taxes.

Within two days after receipt, under division (A) of section
3519.01 of the Revised Code, of
the verified copy of a proposed state law or constitutional amendment proposing
the levy of any tax or involving a matter that will necessitate the expenditure
of any funds of the state or any political subdivision of the state, the
secretary of state shall request of the office of budget and management an
estimate of any annual expenditure of public funds proposed and of the tax
commissioner the annual yield of any proposed taxes. The office of budget and
management, on receipt of a request for an estimate of the annual expenditure
of public funds proposed, shall prepare the estimate and file it in the office
of the secretary of state. The tax commissioner, on receipt of a request for an
estimate of the annual yield of any proposed taxes, shall prepare the estimate
and file it in the office of the secretary of state. The office of budget and
management and the tax commissioner may issue a joint estimate if the proposed
state law or constitutional amendment necessitates both the expenditure of
public funds and a levy of any tax.

Upon receipt of an estimate of the annual expenditure of public
funds proposed from the office of budget and management, an estimate of the
annual yield of any proposed taxes from the tax commissioner, or a joint
estimate of the annual expenditure of public funds proposed and the annual
yield of any proposed taxes from the office of budget and management and the
tax commissioner, the secretary of state shall post the estimate on a web site
of the office of secretary of state for thirty days before the election at
which the proposed state law or constitutional amendment will be voted upon.